Meg Whitman, Hp | featured news

Hewlett-Packard Co. said that a British company it bought for $9.7 billion last year lied about its finances, resulting in a massive write-down of the value of the business. CEO Meg Whitman avoided calling it a fraud, but said Tuesday that there were "serious accounting improprieties, disclosure failures and outright misrepresentations at Autonomy Corporation PLC."

Zombie tech? The products you thought were dead at HP may not be quite dead just yet. The HP TouchPad, the highly praised WebOS operating system, and the entire PC division are still on the chopping block, but sources at HP say that with the new CEO Meg Whitman, the butcher's blade hasn't yet fallen.

Directors of the company were considering Meg Whitman, the former chief of eBay, to replace Léo Apotheker, sources said.

Hewlett-Packard Co is shaking up a board criticized by many as dysfunctional, bringing in five new directors including former eBay chief Meg Whitman, as new CEO Leo Apotheker remakes the company.